Private ltd company

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An offer is available for a private limited company registered in Telangana in 1998, which is currently seeking a takeover. The company has active applications for bauxite mining leases in Pottangi, Sambai, and Koraput, as well as manganese leases in Toladodashi, Lelligumma, Kashipur, and Rayagada, Odisha. While an NOC has been obtained for a portion of the manganese lease, potential buyers are advised to consult with experienced professionals like a Company Secretary or Chartered Accountant due to the complexities involved under the Companies Act, 2013.

Anand Ch

Anand Ch (Querist)

22 February 2020 There is an offer from a Pvt ltd company registered in Telangana in 1998 is for sale

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)

22 February 2020 Accepting the offer per Companies Act, 2013 is risky unless u seek an advise from an well experienced professional like Company Secretary/ Chartered Accountant.

Anand Ch

Anand Ch (Querist)

28 March 2020 The present activity of the company for sale is:
Mining lease applications (ML) made with Koraput Deputy Director of Mines for Bauxite 1056 acres at Pottangi, Sambai, and Koraput.Another application was made for Manganese for 156.34 acres at Toladodashi, Lelligumma, Kashipur, and Rayagada Dts of Orissa.
NOC from Tahsildar, Revenue department, Kashipur for Manganese at Toladodashi, Lelligumma, Rayagada DT, Orissa, obtained for 118.78 acres.Promoters of Maheesuta Bauxite Mines Pvt Ltd. Are seriously looking for a company or an Individual for a take over only.Attached Key plan of the Lelligumma Manganese mine area.

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